BAE Systems plc (LON:BA - Get Free Report) insider Tom Arseneault sold 155,717 shares of the stock in a transaction that occurred on Wednesday, March 12th. The shares were sold at an average price of GBX 1,557 ($20.14), for a total transaction of £2,424,513.69 ($3,136,093.25).
BAE Systems Stock Up 0.4 %
Shares of BAE Systems stock opened at GBX 1,590.50 ($20.57) on Friday. The company has a debt-to-equity ratio of 94.02, a quick ratio of 0.91 and a current ratio of 1.03. BAE Systems plc has a 52-week low of GBX 1,012.50 ($13.10) and a 52-week high of GBX 1,415.25 ($18.31). The stock has a market capitalization of £49.24 billion, a price-to-earnings ratio of 27.29, a P/E/G ratio of 3.33 and a beta of 0.33. The company's 50 day moving average price is GBX 1,302.93 and its 200-day moving average price is GBX 1,283.55.
BAE Systems (LON:BA - Get Free Report) last issued its earnings results on Wednesday, February 19th. The company reported GBX 68.50 ($0.89) earnings per share (EPS) for the quarter. BAE Systems had a net margin of 7.49% and a return on equity of 16.87%. Equities research analysts forecast that BAE Systems plc will post 73.537927 EPS for the current year.
Analyst Ratings Changes
A number of brokerages have commented on BA. Berenberg Bank reiterated a "buy" rating and set a GBX 1,440 ($18.63) price target on shares of BAE Systems in a research report on Wednesday, February 19th. Deutsche Bank Aktiengesellschaft reiterated a "buy" rating and set a GBX 1,510 ($19.53) price target on shares of BAE Systems in a research report on Thursday, February 20th. Finally, JPMorgan Chase & Co. increased their price target on shares of BAE Systems from GBX 1,630 ($21.08) to GBX 1,725 ($22.31) and gave the company an "overweight" rating in a research report on Monday, March 3rd. One investment analyst has rated the stock with a hold rating and four have issued a buy rating to the stock. According to data from MarketBeat.com, BAE Systems currently has an average rating of "Moderate Buy" and a consensus price target of GBX 1,528.75 ($19.77).
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About BAE Systems
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BAE Systems plc provides defense, aerospace, and security solutions worldwide. The company operates through five segments: Electronic Systems, Platforms & Services, Air, Maritime, and Cyber & Intelligence. The Electronic Systems segment offers electronic warfare systems, navigation systems, electro-optical sensors, military and commercial digital engine and flight controls, precision guidance and seeker solutions, military communication systems and data links, persistent surveillance capabilities, space electronics, and electric drive propulsion systems.
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